Key Developments in China-U.S. Trade Relations
The State Council Tariff Commission of China announced the suspension of additional tariffs on U.S. imports, effective from November 10, 2025. This decision follows recent trade consultations between the two nations.
The suspension signifies a step towards improved China-U.S. trade relations. However, current government and market data indicate no direct impact on cryptocurrency markets as a result of this policy change.
China's Strategic Tariff Suspension: Economic Implications
The State Council of China has officially announced the suspension of additional tariffs on specific U.S. imports. This measure is scheduled to take effect on November 10, 2025, at 13:01. The decision stems from recent China-U.S. economic and trade consultations and has been approved by the State Council. The action is grounded in China's "Customs Law" and "Foreign Trade Law," and is in alignment with established principles of international law.
The immediate economic implications are anticipated to influence traditional commodity markets, particularly in sectors such as agricultural goods. However, there have been no reported direct impacts on cryptocurrencies or associated asset flows. The primary focus of this tariff suspension appears to be on hardware entities.
"In fact, both countries have their own advantages in natural resources, markets, capital and technology, exhibiting strong complementarity and broad scope for cooperation." Li Chenggang, Senior Trade Negotiator, China
Cryptocurrency Market Unfazed Amidst Trade Policy Changes
Previous China-U.S. tariff suspensions have historically led to stabilization in traditional markets. Despite these shifts, the inherent volatility of the cryptocurrency market has remained relatively unaffected by such geopolitical and trade policy changes.
As of November 5, 2025, Ethereum (ETH) is trading at a market price of $3,305.26, with a total market capitalization of $398.94 billion. The cryptocurrency has seen a 24-hour trading volume change of 26.43%. According to data from CoinMarketCap, Ethereum has experienced notable price declines over the past 24 hours and the last seven days, reporting -5.92% and -17.58% respectively.
Analysis from the Coincu research team suggests that while the current suspension of tariffs could potentially foster greater bilateral collaborations in the technology sectors, the immediate effects on the cryptocurrency market are expected to be negligible. Historical patterns indicate a limited direct correlation between shifts in traditional tariff policies and significant variations in digital asset performance.